Cigarette lighters are an essential accessory for smokers. They provide a convenient and efficient way to light cigarettes, cigars, and other smoking materials. The HS Code 96138060 refers to a specific category of cigarette lighters and similar lighters that are not pocket or table lighters, non-electric, and valued at not more than $5 per dozen pieces. Let's take a closer look at this HS Code and its associated data.
The product description for HS Code 96138060 is "Cigarette lighters & similar lighters (other than pocket or table), non-electric, NESOI, valued not over $5/dozen pieces." This means that the HS Code applies to cigarette lighters that are not designed to be carried in a pocket or placed on a table. These lighters are non-electric and have a value of less than or equal to $5 for every dozen pieces.
The bound / MFN duty rate for HS Code 96138060 is 8%. The MFN (Most Favored Nation) duty rate is the rate applied to imports from all trading partners. It ensures that every country lowers trade barriers or opens up its market for the same goods or services from all its trading partners. Therefore, regardless of the country of origin, cigarette lighters falling under this HS Code will be subject to an 8% duty rate.
The quantity unit for HS Code 96138060 is dozens (DOZ). This means that the measurement and trading of cigarette lighters under this HS Code are done in multiples of dozens. It provides a standardized unit of measurement for easier trade and commerce.
Several special tariff preference programs apply to HS Code 96138060. These programs offer preferential treatment in terms of duty-free importation. The countries and programs associated with this HS Code include:
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating import duties for specific goods, including cigarette lighters falling under HS Code 96138060.
HS Code 96138060 is relevant not just for international trade but also for trade within the United States. Importing and exporting states within the US engage in the trade of cigarette lighters falling under this HS Code. These states include but are not limited to:
These states serve as major hubs for the import and export of cigarette lighters, contributing to both domestic and international trade in this product category.
HS Code 96138060 pertains to cigarette lighters and similar lighters that are non-electric, not pocket or table lighters, and valued at not more than $5 per dozen pieces. This HS Code carries an 8% bound / MFN duty rate and is eligible for various special tariff preference programs. Importing and exporting states within the US engage in trade related to this HS Code, further contributing to the global market for cigarette lighters.